Donald Trump s company was convicted of tax fraud Tuesday for helping executives dodge taxes on lavish perks such as Manhattan apartments and luxury cars, in a significant repudiation of financial practices at the former president s business.
Donald Trump's company has been convicted of tax fraud for a scheme by top executives to avoid paying personal income taxes on perks such as apartments and luxury cars. As punishment, the Trump Organization could be fined up to $1.6 million.
Jury finds two corporate entities at Trump's company guilty on 17 counts, including conspiracy charges and falsifying business records; verdict adds to his mounting legal woes